Mazda Motor (OTCMKTS:MZDAY) Releases Quarterly Earnings Results

Mazda Motor (OTCMKTS:MZDAY) announced its earnings results on Monday. The company reported $0.10 earnings per share for the quarter, Zacks reports. Mazda Motor had a return on equity of 9.13% and a net margin of 2.06%.

Mazda Motor Trading Up 1.0%

MZDAY opened at $3.60 on Monday. Mazda Motor has a 12-month low of $3.10 and a 12-month high of $4.55. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.47 and a quick ratio of 1.01. The stock has a market capitalization of $4.54 billion, a PE ratio of 6.66 and a beta of 0.59. The firm’s fifty day moving average price is $3.53 and its 200 day moving average price is $3.56.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded Mazda Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 1st. Three investment analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Mazda Motor Company Profile

Mazda Motor Corporation is a Japanese automaker headquartered in Hiroshima. Founded in 1920 as Toyo Cork Kogyo, the company began producing vehicles in 1931, initially making three-wheeled trucks, before expanding into passenger cars and becoming known as Mazda.

The company develops, manufactures, and sells passenger vehicles, engines, transmissions, and related parts. Its lineup includes cars and sport utility vehicles, as well as the MX-5 sports car. Mazda is also known for developing rotary-engine technology and for its focus on vehicle design and driving dynamics.

Mazda sells vehicles in Japan and international markets, including North America, Europe, and other regions.